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| Content Provider | Springer Nature Link |
|---|---|
| Author | Li, Jiatao Kozhikode, Rajiv Krishnan |
| Copyright Year | 2008 |
| Abstract | The success of latecomer firms from the emerging economies challenges the conventional wisdom on entry timing and resource-based competence. Building on research on institutions in emerging economies and the resource-based perspective in strategic management, we propose a model to explain how resource poor latecomer firms in emerging economies catch up with the multinational incumbents. We classify latecomers based on their strategic learning intent as either emulators or blind imitators. The strategic learning intent depends on a firm’s complementary assets and its absorptive capacity. Firms that choose emulation develop flexible routines, while firms that choose blind imitation end up with rigid routines. Over time, when there is a need for resource renewal, firms that have flexible routines are better positioned to respond. We take the Chinese mobile phone industry as an exemplar to illustrate the core issues in latecomer catching up of emerging economy firms. |
| Starting Page | 429 |
| Ending Page | 450 |
| Page Count | 22 |
| File Format | |
| ISSN | 02174561 |
| Journal | Asia Pacific Journal of Management |
| Volume Number | 25 |
| Issue Number | 3 |
| e-ISSN | 15729958 |
| Language | English |
| Publisher | Springer US |
| Publisher Date | 2008-02-05 |
| Publisher Place | Boston |
| Access Restriction | One Nation One Subscription (ONOS) |
| Subject Keyword | Latecomer catching-up Absorptive capacity Complementary assets Strategic intent Emulation Strategic renewal Business/Management Science Management/Business for Professionals |
| Content Type | Text |
| Resource Type | Article |
| Subject | Business and International Management Economics, Econometrics and Finance Strategy and Management |
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